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Events

7
Dec

Seminar – Physical climate risk and firms’ adaptation strategy

12:30 - 14:00

Ms Xia Li, Questrom School of Business, Boston University, USA

How do firms adapt to the risks posed by climate change? Many studies have considered business adaptation to short-term shocks and business cycles, but few have investigated risks that resemble those posed by climate change: long-term, systemic, and irreversible. In this paper, Xia Li builds a novel dataset that compiles information on the adaptation strategies of publicly traded companies across the globe and merge it with climate science data. Using this data, she examines whether, how, and under which conditions firms adapt to physical climate risk. She has found that firms take a targeted approach to adaptation – responding more to those aspects of climate risk that are likely to affect them directly. She shows that firms with better environmental and social performance ratings are more responsive to varying climate risks. She then reports evidence that perception and capabilities may provide the mechanism for different adaptation rates.

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7
Dec

Lecture – The power of paradox: adopting both/and thinking for effective social entrepreneurship

17:30 - 19:00

Part of a guest lecture series organised by the Master of Studies in Social Innovation and the Cambridge Centre for Social Innovation.

Join our cohort of MSt in Social Innovation students for an open guest lecture with Professor Wendy Smith.

Social entrepreneurs continually face tensions between their social mission and business purpose. In this lecture, Wendy draws of over 25 years of research to argue that our typical either/or approaches to tensions can be limiting at best and detrimental at worst. She introduces the scholarship on both/and thinking as an alternative approach to enable more creative and sustainable outcomes. (more…)



8
Dec

Lecture – Making change in large organisations: fighting C3 with 3CS

16:00 - 17:30

Part of a guest lecture series organised by the Master of Studies in Social Innovation and the Cambridge Centre for Social Innovation.

Join our cohort of MSt in Social Innovation students for an open guest lecture with Colonel (ret.) Professor Bill DeMarco.

How does an innovator survive and thrive in one of the world’s most massive bureaucracies – the US Department of Defence? Bill has over three decades of experience in the American military from flying jets, commanding units, several deployments and in making change in bureaucracies along with some of the scars to prove it.
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